Finance and Economy
Buffalo’s Niagara Financial to rebrand merged $28B entity
NEW HAVEN — The other shoe has dropped at last.
The subject of M&A speculation ever since the moment it went public a decade ago, New Haven-based NewAlliance Bancshares Inc. (NYSE: NAL) parent company of NewAlliance Bank, has agreed to be acquired by Niagara Financial Group for $1.5 billion in cash and stock.
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